Federal Taxes on Social Security Benefits Would Be Eliminated With This Proposal. Here's Why Joe Biden Probably Won't Support It

More Americans than ever could pay federal taxes on their Social Security benefits this year, according to The Senior Citizens League. These taxes will also take a bigger bite out of Social Security checks.

However, U.S. Representative Angie Craig recently introduced a bill that would eliminate the federal tax on Social Security benefits. Craig is a Democrat who represents the second district of Minnesota. She might be unable to count on help from the White House, though. Here's why President Joe Biden probably won't support Craig's proposed changes.

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Source Fool.com